Economy Accounting vs. Economic Profit – EconlibBy DailyWesternJanuary 6, 20260 In any principles of economics class, students learn the difference between accounting profit and economic profit. Accounting profit, which is…
Economy Corporate Profit Peaks and Business Cycle PeaksBy DailyWesternDecember 28, 20250 Unsurprisingly, the former leads the latter, but the lag is (highly) variable. Figure 1: Real pretax corporate profits for nonfinancial…